This company streamlines the EU public procurement process for healthcare vendors by using AI to monitor relevant tenders and automate bid document preparation. They deliver actionable opportunities directly via email, eliminating the need for complex portal navigation or extensive manual review. The service accelerates bid assembly and provides competitive analysis to increase contract win rates.
Funding
Funding not disclosed
Founders
Product
Problem
Healthcare companies often struggle to efficiently identify and secure public sector contracts due to the complexity of the tender application process. Finding relevant opportunities, preparing necessary documents, and optimizing pricing strategies can be time-consuming and resource-intensive.
Solution
Handshake Health is an AI-powered platform designed to streamline the public sector tender application process for healthcare companies. The platform uses machine learning algorithms to identify relevant contract opportunities based on an organization's capabilities and market focus. It automates the preparation of application documents, leveraging AI to extract key information and populate required forms. Furthermore, Handshake Health provides data-driven price optimization strategies, enabling businesses to submit competitive bids even in markets with limited transparency. By automating these key steps, Handshake Health enables healthcare companies to apply for more opportunities with less effort, increasing their chances of securing valuable public sector contracts.
Target Audience
The primary target audience includes healthcare companies seeking to expand their business by bidding on public sector contracts.
Features
- AI-driven tender opportunity identification, matching relevant contracts to a company's profile
- Automated document preparation, extracting and populating necessary forms using AI
- Price optimization strategies based on market data and competitive analysis
- Smart monitoring to avoid irrelevant opportunities